SENATE BILL 693 |
SENATE AUTHOR: Lucio |
EFFECTIVE: 09-01-01 |
HOUSE SPONSOR: Gutierrez et. al. |
Senate Bill 693 amends the Insurance Code to authorize the commissioner of insurance to establish a program to provide for the sale of short-term liability insurance to non-Texas resident motorists visiting the state. The bill allows the commissioner to negotiate agreements with insurers who will sell the policies. The bill requires a license to sell the policy as well as the use of specific policy forms unless the insurer is exempted from using them.